Dollar falls, euro steadies after German coalition partners resolve row
The dollar eased marginally against its peers on Tuesday, as the euro steadied after partners in Germany's…
Browsing Tag
yuan
China will ‘compel’ Saudi Arabia to trade oil in yuan; and that’s going…
China will "compel" Saudi Arabia to trade oil in yuan and, when this happens, the rest of the oil market will…
Shunning dollar prices, Venezuela lists oil in Chinese yuan
Venezuela on Friday began listing the price of its oil in the Chinese yuan, following President Nicolas Maduro's…
Yuan’s 2017 advance helps draw foreigners to China stocks, bonds
Yuan’s surge this year has helped increase foreign purchases of Chinese bonds and stocks. Now Beijing appears to…
China’s yuan has fully recovered from 2016, there’s still room to run: analysts
Chinese yuan has been on a tear all year and has now recouped last year's losses — and analysts expect there's…
IMF says dollar is overvalued by 10-20%
The International Monetary Fund (IMF) said on Friday that the U.S. dollar was overvalued by 10 percent to 20…
China’s state-owned banks sell dollars onshore to back the yuan
Chinese state-owned banks were seen selling on Tuesday dollars at the 6.80 yuan per dollar level in the onshore…
China FX reserves fall more than expected to $2.998 trillion in Jan, near 6-year low
China's foreign exchange reserves unexpectedly dropped below the closely watched $3 trillion level in January for…
Egypt may sell bonds in Japanese and Chinese currencies: FinMin
Egypt may sell bonds in Japanese yen and Chinese yuan after the country successfully raised $4 billion in its…
China’s central bank ‘playing dangerous game’ to defend yuan
China's central bank is playing a dangerous game using the country's foreign reserves to prop up the yuan because…